Tag: financial risk assessments

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Elite Competitions Hires Bet365 Pro as UK Prize Draw VAT Hits 20%

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Elite Competitions hired a Bet365 compliance veteran as HMRC imposed 20% VAT on UK prize draws, threatening 25-30% margin cuts across the £1.3B sector.

Bally’s Las Vegas Project Stalled as Financing Dries Up

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Bally's $1.19B Las Vegas Strip project faces a financing crisis with only $559M cash against $4.3B debt, as the A's stadium nears its 2028 debut.

UK Gambling Tax Hike Forces B2B Suppliers to Prove ROI

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The UK's Remote Gaming Duty doubled to 40%, forcing B2B gaming suppliers to shift from innovation pitches to proving measurable commercial value and hard ROI to operators.

Kenya Court Partially Lifts Gambling Licensing Freeze

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Kenya's High Court partially lifted a stay order on gambling licensing regulations, allowing the GRA to resume oversight while keeping fee hikes suspended until October 2.

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